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Gannett Co Inc (GCI)

GCI on New York Consolidated

7.82USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Gannett sets regular quarterly cash dividend of $0.16per share
Wednesday, 10 May 2017 04:15pm EDT 

May 10 (Reuters) - Gannett Co Inc :Sets regular quarterly cash dividend of $0.16per share.  Full Article

Gannett reports Q1 loss per share of $0.02
Tuesday, 25 Apr 2017 07:00am EDT 

April 25 (Reuters) - Gannett Co Inc :Gannett reports first quarter 2017 results of operations.Says full year adjusted EBITDA(1) guidance range increased $30 million to $355 to $365 million.Says operating revenues for Q1 were $773.5 million compared to $659.4 million in prior year Q1.Capital expenditures of approximately $65 to $75 million expected for full year 2017.Says maintains its original revenue guidance for 2017 of $3.15 billion to $3.22 billion.Q1 revenue rose 17.3 percent to $773.5 million.Qtrly loss per share $0.02.Q1 earnings per share view $0.11, revenue view $762.7 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.96, revenue view $3.18 billion -- Thomson Reuters I/B/E/S.  Full Article

Gannett acquires software company Sweetiq Analytics
Thursday, 20 Apr 2017 04:15pm EDT 

April 20 (Reuters) - Gannett Co Inc -:Gannett acquires location and reputation management software company Sweetiq Analytics Corp..  Full Article

Gannett sees 2017 revenue of $3.15-$3.22 billion
Tuesday, 7 Mar 2017 07:00am EST 

Gannett Co Inc : Gannett announces 2017 full-year guidance . Sees 2017 capital expenditures of approximately $65 to $75 million, not including real estate projects . Sees 2017 adjusted Ebitda in a range of $325 million to $335 million . Sees fy 2017 capital expenditures of approximately $65 to $75 million . Sees 2017 capital expenditures of approximately $65 to $75 million, not including real estate projects . Sees FY 2017 revenue $3.15 billion to $3.22 billion .FY 2017 revenue view $3.19 billion -- Thomson Reuters I/B/E/S.  Full Article

Gannett reports qtrly adjusted EPS $0.50
Thursday, 9 Feb 2017 08:30am EST 

Gannett Co Inc : Gannett reports improved fourth quarter 2016 results of operations . Q4 revenue $867 million versus I/B/E/S view $847.3 million . For 2017, company expects a mid-single digit increase in reported revenues and a slight decrease in adjusted ebitda margins . Gannett Co Inc - qtrly adjusted earnings per share $0.50 . Gannett Co Inc - qtrly earnings per share $0.21 .Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.  Full Article

Tronc's Michael Ferro says "possibility that a different type of deal can be done with Gannett" - CNBC
Friday, 4 Nov 2016 07:19am EDT 

: Tronc Non-Executive Chairman Michael Ferro on CNBC says there is a possibility that a different type of deal can be done with Gannett ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

tronc comments on Gannett's withdrawal of potential business combination proposal
Tuesday, 1 Nov 2016 09:31am EDT 

tronc Inc : tronc comments on Gannett's withdrawal of its proposal due to inability to finance . were informed early this morning that Gannett has decided to abruptly terminate discussions regarding a potential business combination with co . "last week, Gannett informed tronc that its financing encountered an unexpected delay" ."company remains on track in terms of delivering on its near-term financial goals".  Full Article

Gannett privately sweetens takeover offer for Los Angeles Times & Chicago Tribune owner Tronc; details of new offer not yet known - CNBC, citing DJ
Wednesday, 17 Aug 2016 10:18pm EDT 

Gannett Co Inc : privately sweetens takeover offer for Los Angeles Times & Chicago Tribune owner Tronc; details of new offer not yet known - CNBC, citing DJ Further company coverage: [GCI.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Gannett Q2 adjusted earnings per share $0.30
Wednesday, 27 Jul 2016 08:50am EDT 

Gannett Co Inc : Gannett reports second quarter 2016 results of operations . Q2 total operating revenue $748.8 million versus $727.1 million . Q2 adjusted earnings per share $0.30 . Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S . By end of Q3, expect that annualized revenues acquired in last twelve months will be more than $800 million . Gannett Co Inc says now expects year over year revenue growth for second half of 2016 of between 7% and 9% . Company has revised its annual guidance . Qtrly digital-only subscriptions grew 40% . Additionally for second half of 2016, company expects capital expenditures of $30-$40 million, not including real estate projects . Sees annualized digital component of revenues approaching $1 billion . Because of forex exposure in UK, see appreciation of dollar to sterling, will result in reduction in reported adjusted EBITDA of $6 million for H2 2016 . "Margins will remain under pressure, particularly in Q3, driven by impact of recently acquired businesses" .Q2 revenue view $768.5 million -- Thomson Reuters I/B/E/S.  Full Article

Gannett sets quarterly cash dividend of $0.16 per share
Tuesday, 19 Jul 2016 05:06pm EDT 

Gannett Co Inc :Sets regular quarterly cash dividend of $0.16 per share.  Full Article

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